IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v24y2002i2p139-154.html
   My bibliography  Save this article

The Cournot competition in the spatial equilibrium model

Author

Listed:
  • Yang, Chin W.
  • Hwang, Ming J.
  • Sohng, Soong N.

Abstract

No abstract is available for this item.

Suggested Citation

  • Yang, Chin W. & Hwang, Ming J. & Sohng, Soong N., 2002. "The Cournot competition in the spatial equilibrium model," Energy Economics, Elsevier, vol. 24(2), pages 139-154, March.
    • Handle: RePEc:eee:eneeco:v:24:y:2002:i:2:p:139-154
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140-9883(01)00094-9
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael Kennedy, 1974. "An Economic Model of the World Oil Market," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 540-577, Autumn.
    2. Szidarovszky, F & Yakowitz, S, 1977. "A New Proof of the Existence and Uniqueness of the Cournot Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(3), pages 787-789, October.
    3. Yasu Hosomatsu, 1969. "A Note on the Stability Conditions in Cournot's Dynamic Market Solution when neither the actual Market Demand Function nor the Production Levels of Rivals are known," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(1), pages 117-122.
    4. Szidarovszky, F. & Yakowitz, S., 1982. "Contributions to Cournot oligopoly theory," Journal of Economic Theory, Elsevier, vol. 28(1), pages 51-70, October.
    5. Stephen W. Salant, 1982. "Imperfect Competition in the International Energy Market: A Computerized Nash-Cournot Model," Operations Research, INFORMS, vol. 30(2), pages 252-280, April.
    6. Walter C. Labys & Chin W. Yang, 1997. "Spatial Price Equilibrium As A Foundation To Unified Spatial Commodity Modeling," Papers in Regional Science, Wiley Blackwell, vol. 76(2), pages 199-228, April.
    7. Peeters, Ludo, 1990. "A Spatial Equilibrium Model of the EC Feed Grain Sector," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 17(4), pages 365-386.
    8. P T Harker, 1988. "Dispersed Spatial Price Equilibrium," Environment and Planning A, , vol. 20(3), pages 353-368, March.
    9. Takayama, T & Woodland, A D, 1970. "Equivalence of Price and Quantity Formulations of Spatial Equilibrium: Purified Duality in Quadratic and Concave Programming," Econometrica, Econometric Society, vol. 38(6), pages 889-906, November.
    10. R. D. Theocharis, 1960. "On the Stability of the Cournot Solution on the Oligopoly Problem," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 27(2), pages 133-134.
    11. C. E. Lemke, 1965. "Bimatrix Equilibrium Points and Mathematical Programming," Management Science, INFORMS, vol. 11(7), pages 681-689, May.
    12. Yang, Chin-wei & Labys, Walter C., 1985. "A sensitivity analysis of the linear complementarity programming model : Appalachian steam coal and the natural gas market," Energy Economics, Elsevier, vol. 7(3), pages 145-152, July.
    13. Franklin M. Fisher, 1961. "The Stability of the Cournot Oligopoly Solution: The Effects of Speeds of Adjustment and Increasing Marginal Costs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 28(2), pages 125-135.
    14. R. J. Ruffin, 1971. "Cournot Oligopoly and Competitive Behaviour," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 38(4), pages 493-502.
    15. Chin W. Yang, 1990. "An Evaluation of the Maxwell-Boltzmann Entropy Model of the Appalachian Steam Coal Market," The Review of Regional Studies, Southern Regional Science Association, vol. 20(1), pages 21-29, Winter.
    16. Liew, Chong K. & Shim, Jae K., 1978. "A spatial equilibrium model: Another view," Journal of Urban Economics, Elsevier, vol. 5(4), pages 526-534, October.
    17. Patrick T. Harker, 1986. "Alternative Models of Spatial Competition," Operations Research, INFORMS, vol. 34(3), pages 410-425, June.
    18. Chao, Gary S. & Friesz, Terry L., 1984. "Spatial price equilibrium sensitivity analysis," Transportation Research Part B: Methodological, Elsevier, vol. 18(6), pages 423-440, December.
    19. Carl H. Nelson & Bruce A. McCarl, 1984. "Including Imperfect Competition in Spatial Equilibrium Models," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 32(1), pages 55-70, March.
    20. Roberts, John & Sonnenschein, Hugo, 1977. "On the Foundations of the Theory of Monopolistic Competition," Econometrica, Econometric Society, vol. 45(1), pages 101-113, January.
    21. Charles D. Kolstad & Lars Mathiesen, 1987. "Necessary and Sufficient Conditions for Uniqueness of a Cournot Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(4), pages 681-690.
    22. K. Okuguchi, 1964. "The Stability of The Cournot Oligopoly Solution: A Further Generalization," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 31(2), pages 143-146.
    23. Seade, Jesus, 1980. "The stability of cournot revisited," Journal of Economic Theory, Elsevier, vol. 23(1), pages 15-27, August.
    24. Caulton L. Irwin & Chin W. Yang, 1982. "Iteration and Sensitivity for a Spatial Equilibrium Problem with Linear Supply and Demand Functions," Operations Research, INFORMS, vol. 30(2), pages 319-335, April.
    25. Yang, Chin W & Page, Walter P, 1993. "Sensitivity Analysis of Tax Incidence in a Spatial Equilibrium Model," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 27(3), pages 241-257, September.
    26. Silberberg, Eugene, 1970. "A Theory of Spatially Separated Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 11(2), pages 334-348, June.
    27. Vernon L. Smith, 1963. "Minimization of Economic Rent in Spatial Price Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 30(1), pages 24-31.
    28. Chin Wei Yang, 1981. "Stability of Appalachian Coal Shipments under Policy Variation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 111-128.
    29. Stella Dafermos & Anna Nagurney, 1984. "Sensitivity Analysis for the General Spatial Economic Equilibrium Problem," Operations Research, INFORMS, vol. 32(5), pages 1069-1086, October.
    30. F. H. Hahn, 1962. "The Stability of the Cournot Oligopoly Solution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(4), pages 329-331.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anania, Giovanni & Scoppola, Margherita, 2011. "Assessing the Impact of Trade Policy Changes: Does Market Structure Matter?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114222, European Association of Agricultural Economists.
    2. Abbassi, Abdessalem & Larue, Bruno, 2012. "Multiple Marginalization and Trade Liberalization: The Case of the Canadian Dairy Industry," Working Papers 148592, Structure and Performance of Agriculture and Agri-products Industry (SPAA).
    3. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    4. Abbassi, Abdessalem & Larue, Bruno, 2011. "Trade liberalization and inter-provincial dumping in a spatial equilibrium model: the case of the Canadian dairy industry," MPRA Paper 30363, University Library of Munich, Germany.
    5. Christian Growitsch & Harald Hecking & Timo Panke, 2014. "Supply Disruptions and Regional Price Effects in a Spatial Oligopoly—An Application to the Global Gas Market," Review of International Economics, Wiley Blackwell, vol. 22(5), pages 944-975, November.
    6. Maryke C. Rademeyer, 2021. "Investigating the outcome for South African coal supply to the domestic market when faced with declining demand for exported coal," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 34(3), pages 441-453, October.
    7. Trüby, Johannes, 2013. "Strategic behaviour in international metallurgical coal markets," Energy Economics, Elsevier, vol. 36(C), pages 147-157.
    8. Kamiński, Jacek, 2012. "The development of market power in the Polish power generation sector: A 10-year perspective," Energy Policy, Elsevier, vol. 42(C), pages 136-147.
    9. Clemens Haftendorn & Franziska Holz, 2008. "Analysis of the World Market for Steam Coal Using a Complementarity Model," Discussion Papers of DIW Berlin 818, DIW Berlin, German Institute for Economic Research.
    10. Anania, Giovanni & Scoppola, Margherita, 2014. "Modeling trade policies under alternative market structures," Journal of Policy Modeling, Elsevier, vol. 36(1), pages 185-206.
    11. Paulus, Moritz & Trueby, Johannes & Growitsch, Christian, 2011. "Nations as Strategic Players in Global Commodity Markets: Evidence from World Coal Trade," EWI Working Papers 2011-4, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    12. Johannes Truby and Moritz Paulus, 2012. "Market Structure Scenarios in International Steam Coal Trade," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    13. Rademeyer, Maryke C. & Minnitt, Richard C.A. & Falcon, Rosemary M.S., 2018. "Revisiting operating cost in resource extraction industries," Resources Policy, Elsevier, vol. 58(C), pages 159-164.
    14. Kamiński, Jacek, 2014. "A blocked takeover in the Polish power sector: A model-based analysis," Energy Policy, Elsevier, vol. 66(C), pages 42-52.
    15. Kamiński, Jacek, 2011. "Market power in a coal-based power generation sector: The case of Poland," Energy, Elsevier, vol. 36(11), pages 6634-6644.
    16. Paulus, Moritz & Trüby, Johannes, 2011. "Coal lumps vs. electrons: How do Chinese bulk energy transport decisions affect the global steam coal market?," Energy Economics, Elsevier, vol. 33(6), pages 1127-1137.
    17. Pérez de Arce, Miguel & Sauma, Enzo & Contreras, Javier, 2016. "Renewable energy policy performance in reducing CO2 emissions," Energy Economics, Elsevier, vol. 54(C), pages 272-280.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cars H. Hommes & Marius I. Ochea & Jan Tuinstra, 2018. "Evolutionary Competition Between Adjustment Processes in Cournot Oligopoly: Instability and Complex Dynamics," Dynamic Games and Applications, Springer, vol. 8(4), pages 822-843, December.
    2. Koji Okuguchi & Takeshi Yamazaki, 2018. "Existence of Unique Equilibrium in Cournot Mixed Oligopoly," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-13, September.
    3. Troy Tassier, 2013. "Handbook of Research on Complexity, by J. Barkley Rosser, Jr. and Edward Elgar," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 39(1), pages 132-133.
    4. Antonio Doria, Francisco, 2011. "J.B. Rosser Jr. , Handbook of Research on Complexity, Edward Elgar, Cheltenham, UK--Northampton, MA, USA (2009) 436 + viii pp., index, ISBN 978 1 84542 089 5 (cased)," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 196-204, April.
    5. Eiichi Chuman, 2008. "Stability And Instability Of The Coucrnot Equilibrium," Australian Economic Papers, Wiley Blackwell, vol. 47(3), pages 259-263, September.
    6. C. W. Yang & Ken Hung, 2010. "Stability Of Rents And Returns As A Source Of Internal Financing: Evidence From Appalachian Coal Producers," Accounting & Taxation, The Institute for Business and Finance Research, vol. 2(1), pages 33-46.
    7. Hoernig, Steffen H., 2003. "Existence of equilibrium and comparative statics in differentiated goods Cournot oligopolies," International Journal of Industrial Organization, Elsevier, vol. 21(7), pages 989-1019, September.
    8. José Holguín-Veras & Ning Xu & Miguel Jaller & John Mitchell, 2016. "A Dynamic Spatial Price Equilibrium Model of Integrated Urban Production-Transportation Operations Considering Freight Delivery Tours," Transportation Science, INFORMS, vol. 50(2), pages 489-519, May.
    9. Chuman, Eiichi, 2010. "Comparing Cournot and Stackelberg Duopoly," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 51(2), pages 59-73, December.
    10. Gao, Xing & Zhong, Weijun & Mei, Shue, 2012. "On local stability of Cournot models with simultaneous and sequential decisions," Mathematical Social Sciences, Elsevier, vol. 63(3), pages 207-212.
    11. Bervoets, Sebastian & Faure, Mathieu, 2020. "Convergence in games with continua of equilibria," Journal of Mathematical Economics, Elsevier, vol. 90(C), pages 25-30.
    12. Hefti, Andreas, 2016. "On the relationship between uniqueness and stability in sum-aggregative, symmetric and general differentiable games," Mathematical Social Sciences, Elsevier, vol. 80(C), pages 83-96.
    13. Börgers, Tilman & Janssen, Maarten C.W., 1995. "On the dominance solvability of large cournot games," Games and Economic Behavior, Elsevier, vol. 8(2), pages 297-321.
    14. Allen M. Russell & John A. Rickard & T.D. Howroyd, 1986. "The Effects of Delays on the Stability and Rate of Convergence to Equilibrium of Oligopolies," The Economic Record, The Economic Society of Australia, vol. 62(2), pages 194-198, June.
    15. Bervoets, Sebastian & Faure, Mathieu, 2019. "Stability in games with continua of equilibria," Journal of Economic Theory, Elsevier, vol. 179(C), pages 131-162.
    16. Ira Horowitz, 1970. "Nondogmatic Conjectures In A Cournot Market," Economic Inquiry, Western Economic Association International, vol. 8(1), pages 73-85, March.
    17. Ramon Villanova & Jaume Paradís & Pelegrí Viader & Joan Miralles, 2002. "Price increase and stability with new entries in Cournot markets," Economics Working Papers 646, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2012.
    18. Dastidar, Krishnendu Ghosh, 2000. "Is a Unique Cournot Equilibrium Locally Stable?," Games and Economic Behavior, Elsevier, vol. 32(2), pages 206-218, August.
    19. Walter C. Labys & Chin-wei Yang, 1991. "Advances in the Spatial Equilibrium Modeling of Mineral and Energy Issues," International Regional Science Review, , vol. 14(1), pages 61-94, April.
    20. Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2013. "The empirical content of Cournot competition," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1552-1581.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:24:y:2002:i:2:p:139-154. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.